More Provident Funds Net Assets
More Provident Funds net assets. Based on the latest financial reports, More Provident Funds (MPP) has net assets worth ILA259.03 Million ILA (≈ $694.46K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA725.31 Million ≈ $1.94 Million USD) and total liabilities (ILA466.27 Million ≈ $1.25 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MPP net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA259.03 Million |
| % of Total Assets | 35.71% |
| Annual Growth Rate | 72.13% |
| 5-Year Change | 439.31% |
| 10-Year Change | N/A |
| Growth Volatility | 162.86 |
Net Assets of More Provident Funds (2019–2025)
Net assets of More Provident Funds from 2019 to 2025. This chart illustrates how More Provident Funds's net assets have evolved over time, based on quarterly financial data. See More Provident Funds (MPP) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for More Provident Funds (2019–2025)
The table below shows the annual net assets of More Provident Funds from 2019 to 2025. For live market cap and overall valuation, see More Provident Funds market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA247.00 Million ≈ $662.21K |
+11.19% |
| 2024-12-31 | ILA222.14 Million ≈ $595.54K |
-5.60% |
| 2023-12-31 | ILA235.31 Million ≈ $630.86K |
+20.23% |
| 2022-12-31 | ILA195.71 Million ≈ $524.70K |
+327.32% |
| 2021-12-31 | ILA45.80 Million ≈ $122.79K |
+374.22% |
| 2020-12-31 | ILA9.66 Million ≈ $25.89K |
+1.76% |
| 2019-12-31 | ILA9.49 Million ≈ $25.45K |
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Equity Component Analysis
This analysis shows how different components contribute to More Provident Funds's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3444800000.0% over the analyzed period, indicating profitable operations and earnings retention.
More Provident Funds Net Assets Breakdown (December 2025)
More Provident Funds net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA25.42 Million | 10.29% |
| Common Stock | ILA12.94 Million | 5.24% |
| Other Components | ILA208.65 Million | 84.47% |
| Total Equity | ILA247.00 Million | 100.00% |
More Provident Funds Competitors by Market Cap
The table below lists competitors of More Provident Funds ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gloria Material Technology
TWO:5009
|
$530.00 Million |
|
Shenzhen Strongteam Decoration Engineering Co Ltd
SHE:002989
|
$530.16 Million |
|
Cool Company Oy
OL:CLCO
|
$530.18 Million |
|
Hindustan Construction Company Limited
NSE:HCC
|
$530.31 Million |
|
Linkage Software Co Ltd
SHG:688588
|
$529.62 Million |
|
Shanghai Yongli Belting Co Ltd
SHE:300230
|
$529.54 Million |
|
Hainan Haiqi Transportation Group Co Ltd
SHG:603069
|
$529.46 Million |
|
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd
SHE:300537
|
$529.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in More Provident Funds's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 222,137,000 to 247,003,000, a change of 24,866,000 (11.2%).
- Net income of 70,510,000 contributed positively to equity growth.
- Dividend payments of 57,000,000 reduced retained earnings.
- New share issuances of 237,612,000 increased equity.
- Other factors decreased equity by 226,256,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA70.51 Million | +28.55% |
| Dividends Paid | ILA57.00 Million | -23.08% |
| Share Issuances | ILA237.61 Million | +96.2% |
| Other Changes | ILA-226.26 Million | -91.6% |
| Total Change | ILA- | 11.19% |
Book Value vs Market Value Analysis
This analysis compares More Provident Funds's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 840.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1049.93x to 840.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA1.47 | ILA1540.00 | x |
| 2020-12-31 | ILA0.08 | ILA1540.00 | x |
| 2021-12-31 | ILA0.36 | ILA1540.00 | x |
| 2022-12-31 | ILA1.55 | ILA1540.00 | x |
| 2023-12-31 | ILA1.83 | ILA1540.00 | x |
| 2024-12-31 | ILA1.73 | ILA1540.00 | x |
| 2025-12-31 | ILA1.83 | ILA1540.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently More Provident Funds utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.90%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.13x
- Recent ROE (28.55%) is above the historical average (-17.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -75.75% | -633.39% | 0.08x | 1.58x | ILA-8.14 Million |
| 2020 | -119.08% | -47.50% | 0.36x | 6.90x | ILA-12.47 Million |
| 2021 | -2.52% | -0.85% | 0.58x | 5.09x | ILA-5.73 Million |
| 2022 | 3.93% | 2.80% | 0.54x | 2.62x | ILA-11.87 Million |
| 2023 | 16.70% | 8.82% | 0.88x | 2.15x | ILA15.77 Million |
| 2024 | 22.32% | 9.62% | 1.02x | 2.27x | ILA27.36 Million |
| 2025 | 28.55% | 10.90% | 0.84x | 3.13x | ILA45.81 Million |
Industry Comparison
This section compares More Provident Funds's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $392,105,100
- Average return on equity (ROE) among peers: 2.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| More Provident Funds (MPP) | ILA259.03 Million | -75.75% | 1.80x | $529.96 Million |
| Altshuler Shaham Financial LTD (ALTF) | $619.34 Million | 20.63% | 1.51x | $308.85 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $74.33 Million | 6.04% | 0.04x | $60.74 Million |
| Analyst IMS Investment Management Services Ltd (ANLT) | $159.59 Million | -7.72% | 0.51x | $350.87 Million |
| Capital Point (CPTP) | $137.14 Million | -22.31% | 0.18x | $14.43 Million |
| Eldav-L (ELDAV) | $127.30 Million | -2.00% | 0.80x | $30.70 Million |
| Elron Electronic Industries Ltd (ELRN) | $194.08 Million | -4.34% | 0.07x | $42.93 Million |
| Emilia Devel (EMDV) | $199.34 Million | 9.91% | 0.92x | $156.06 Million |
| Gibui Holdings Ltd (GIBUI) | $86.71 Million | 10.85% | 3.86x | $61.84K |
| Generation Capital Ltd (GNRS) | $2.08 Billion | 13.31% | 0.95x | $1.28 Billion |
| IBI Inv House (IBI) | $240.48 Million | 0.00% | 1.14x | $1.43 Billion |
About More Provident Funds
More Provident Funds and Pensions Ltd manages provident and pension funds in Israel. It provides provident funds for rewards and compensations, savings, education, training, and investments, as well as for saving plans for a child; and general and comprehensive pension funds. More Provident Funds and Pensions Ltd was incorporated in 2013 and is based in Ramat Gan, Israel.